Synder

What is Synder?

Synder is accounting automation software for ecommerce sellers, agencies and accountants. It connects sales channels and payment processors to accounting platforms or ERPs, then syncs transactions, fees and taxes automatically. The vendor says it connects more than 30 sales channels and payment processors.

Key features of Synder

• Transaction sync: pulls sales, refunds and payouts from channels and processors into your books.
• Automated reconciliation: matches payouts to bank deposits.
• Fee and tax tracking: records processor fees and sales tax separately.
• Categorization rules: rules that map transactions to accounts and classes.
• Sales analytics: reports on revenue and performance by channel.
• Multi-currency support: handles sales in several currencies.

How Synder works

Users connect a sales channel or payment processor, such as Stripe or Shopify, and an accounting platform, such as QuickBooks or Xero. Synder reads each transaction and posts it to the books with fees, taxes and payouts broken out. Bookkeepers then review and reconcile rather than key in entries.

Who uses Synder?

Synder is used by ecommerce sellers, SaaS and service businesses taking online payments, and by accountants and bookkeepers who manage several clients. It fits teams whose bookkeeping time goes into reconciling processor payouts.

Synder pricing

Synder prices by tier, with the number of integrations and transaction volume rising across Basic, Essential and Pro plans. The vendor offers annual billing at a discount and a free trial of about 15 days with no credit card. Current plan amounts are shown on the vendor pricing page.

Synder integrations

Synder names QuickBooks, Xero and Stripe among its integrations, and says it connects more than 30 sales channels and payment processors. Basic includes a small number of integration slots, and higher tiers allow more.

Synder alternatives

QuickBooks and Xero are accounting platforms themselves, and Synder feeds them rather than replacing them. Zoho Books is a full accounting package with its own ecommerce connectors. NetSuite is an enterprise ERP with a much larger scope and cost.